Global Motion Sensor Market for Wearables 2016-2020
- Published: Apr 2016
- Pages: 56
- SKU: IRTNTR8775
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This market study presents a detailed analysis of the key drivers and trends that influence market growth. It also segments the global motion sensor market for wearables by the sensor type (accelerometer and gyroscope), by application (smart watches, smart bands, smart clothing, and smart glasses), and by geography (Americas, APAC, and EMEA). The key vendors analyzed in this report are Bosch Sensortec, Freescale Semiconductor, InvenSense, Kionix, MEMSIC, and STMicroelectronics.
Outlook of the global motion sensor market for wearables
The global motion sensor market for wearables will show tremendous growth over the forecast period and is anticipated to post a steady CAGR of more than 26% during the forecast period. The augmented demand and adoption of wearable lifestyle devices are expected to drive the growth prospects of this market during the forecast period. Consumers are using wearable devices to monitor daily fitness and health activities, listen to music, and play virtual games. Moreover, wearable device manufacturers have made substantial investments in R&D to promote the development of innovative products. Furthermore, many of these wearables can be used to control smart devices such as cell phones, tablets, and smart home appliances. Wearable smart devices require micro-electro-mechanical systems (MEMs) motion sensors to perform the required functions. Therefore, the increasing demand for smart wearables will aid in the growth of this market as smart wearables come integrated with motion sensors.
Comprehensive market research carried out by the analysts at Technavio has shown that the market for motion sensors for wearables will be positively affected by the demand for combo MEMS sensors. For instance, vendors such as InvenSense and STMicroelectronics have developed dyes that can integrate both accelerometers and gyroscopes. In such sensors, two or more discrete sensors, such as accelerometers, gyroscopes, and magnetometers, are fused together to enhance efficiency. Also, these sensors take up less space so they can be embedded into a single system easily. Also, integrating data from multiple sensors eliminates the deficiency of individual sensors when calculating position and orientation information accurately. Moreover, vendors can produce combo sensors at lower costs than discrete sensors which will spur the growth prospects of this market during the forecast period.
Application-based segmentation and analysis of the motion sensor market for wearables
- Smart watches
- Smart bands
- Smart clothing
- Smart glasses
In this market research report, analysts have estimated the smart watches segment to be the largest market segment during the forecast period and accounted more than 57% of the market share during 2015. The introduction of low-cost smart watches, such as Asus ZenWatch 2, along with the rise in adoption of smart bands will result in this market segment’s impressive growth by 2020.
Geographical segmentation and analysis of the motion sensor market for wearables
- Americas
- APAC
- EMEA
During 2015, the Americas dominated the motion sensors for wearables market and is anticipated to retain its dominating hold over the market during the predicted period. The presence of large vendors like Apple, Fitbit, and Pebble in this region will also aid in the growth of this market in the Americas by the end of the forecast period. The market share for motion sensors for wearables will surpass 61% by the end of 2020.
Competitive landscape and key vendors
The motion sensor market for wearables is still in the nascent stage and is dominated by a few large vendors. This competition will also bring about significant technological changes, as all the big vendors are investing in R&D to differentiate their products.
Top vendors in the market are –
- Bosch Sensortec
- Freescale Semiconductor
- InvenSense
- Kionix
- MEMSIC
- STMicroelectronics
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global motion sensor market for wearables?
- What are the key market trends impacting the growth of the global motion sensor market for wearables?
- What are the challenges to market growth?
- Who are the key vendors in the global motion sensor market for wearables?
- What are the market opportunities and threats faced by the vendors in the global motion sensor market for wearables?
- Trending factors influencing the market shares of the Americas, EMEA, and APAC.
- What are the key outcomes of the five forces analysis of the sensor market for wearables?
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Table of Content
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Base year
- Market coverage
- Definitions
- Market size calculation
- Geographical segmentation
- Vendor segmentation
- Currency conversion rates
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Summary of key figures
PART 06: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 07: Market segmentation by sensor type
PART 08: Market segmentation by application
- Smart watches
- Smart bands
- Smart clothing
- Smart glasses
PART 09: Geographical segmentation
- Americas
- APAC
- EMEA
PART 10: Market drivers
- High demand for wearable lifestyle devices
- Miniaturization of electronic devices
- Integration of advanced technologies in wearable devices
- Advanced MEMS packaging
PART 11: Impact of drivers
PART 12: Market challenges
- Security and privacy issues
- High cost of wearable devices
- Unappealing designs
- Regulations for information security
- Low awareness of potential uses of wearable devices
PART 13: Impact of drivers and challenges
PART 14: Market trends
- Proliferation of low-cost wearable devices
- Strategic partnerships among supply chain members
- High demand for combo sensors
- Declining ASP of MEMS motion sensors
PART 15: Vendor landscape
- Competitive scenario
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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